Factory Construction and Manufacturing Facility Expansion to Increase Production Capacity
First written in FY2023-Q3. 6 of 8 entries say "Advanced", first in FY2024. Latest entry: 2026-08-07.
- 2026-08-07AdvancedFinancial Results Presentation
「Expansion of the second plant at the Munakata Plant and expansion and extension of production plants in Asia are under way to address chronic shortages of supply in the market.」
In addition to the construction of the existing new domestic plant, the Company has made its plans more specific for expanding the second plant at the Munakata Plant and expanding and extending production sites in Asia. - FY2026-H1AdvancedAnnual report
「Total assets at the end of the six-month period ended June 2025 increased ¥2,329 million from the end of the previous fiscal year to ¥50,526 million. This was mainly due to a ¥490 million decrease in cash and deposits, a ¥2,100 million increase in electronically recorded monetary claims, and a ¥1,016 million increase in construction in progress (included in Other), among other factors.」
Construction in progress increased ¥1,016 million, and progress on the new domestic factory was disclosed as a factor behind the increase in assets. Capital expenditure on property, plant and equipment was ¥1,547 million, while government subsidies related to the new domestic factory totaled ¥744 million. - FY2025AdvancedAnnual report
「September 2025: Construction of Munakata No. 2 Factory in Munakata, Fukuoka Prefecture.」
Construction of Munakata No. 2 Factory was completed. Desiccant rotor manufacturing equipment in Munakata is scheduled for completion in December 2026, while a manufacturing plant in China is under construction for completion in October 2026, showing continued expansion of production capacity. - FY2025-H1AdvancedAnnual report
「This was mainly due to increases of ¥443 million in property, plant and equipment from investment in the construction of a new domestic factory and ¥980 million in inventories, including work in process, accompanying the increase in orders.」
Investment in a new domestic factory was undertaken and disclosed as a factor behind the increase in property, plant and equipment, demonstrating concrete progress on the domestic factory plan. - FY2024AdvancedAnnual report
「In anticipation of higher demand in Europe and the United States, the Group expanded the existing factory of Seibu Giken DST Poland SP. ZO.O. (Gdynia) and built a new factory for Seibu Giken America, Inc. It also plans to build a new factory producing desiccant rotors in Munakata, Fukuoka Prefecture.」
The expansion of the existing Polish factory and construction of the US factory have been completed, and a new desiccant rotor factory in Munakata is planned. Concrete progress is being made in expanding production capacity. - FY2023-Q3First statedAnnual report
「Use of funds: The funds are scheduled to be used mainly for capital expenditures, including factory construction intended to expand production capacity, investments in and loans to subsidiaries, and repayment of borrowings.」
Construction in progress increased by ¥1,337 million in connection with the expansion of an overseas consolidated subsidiary's manufacturing plant. Factory construction was also identified as a use of IPO proceeds.